With the market seemingly topping last week and AGO and the other resources mid-caps punished today I think we'll test some of those lower levels over the coming days/weeks.
As much as I love the SP starting with a 4 looking at the charts we were screaming Overbought and I have to admit being a little nervous over the gaps that we developed in the recent run up and I'm not necessarily worried of we retrace and consolidate in the mid 3's.
I'll be watching for a chance to top up at the lower prices because I think we're still fundamentally strong.
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With the market seemingly topping last week and AGO and the...
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